AISI update on Raw Steel Production in US in Week 49

Steel News - Published on Tue, 11 Dec 2018

In the week ending on December 8, 2018, domestic raw steel production was 1,876,000 net tons while the capability utilization rate was 80.0 percent. Production was 1,676,000 net tons in the week ending December 8, 2017 while the capability utilization then was 71.9 percent. The current week production represents an 11.9 percent increase from the same period in the previous year. Production for the week ending December 8, 2018 is down 0.8 percent from the previous week ending December 1, 2018 when production was 1,892,000 net tons and the rate of capability utilization was 80.7 percent.

Adjusted year-to-date production through December 8, 2018 was 89,404,000 net tons, at a capability utilization rate of 78.2 percent. That is up 5.9 percent from the 84,456,000 net tons during the same period last year, when the capability utilization rate was 74.0 percent.

Broken down by districts, here's production for the week ending December 8, 2018 in thousands of net tons: North East: 224; Great Lakes: 694; Midwest: 191; Southern: 680 and Western: 87 for a total of 1876.